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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Phenix City at 2 Summertide Dr, Phenix City, AL, 36869 uses $82,842 cash to close to unlock $5,971/yr annual cash flow and $498/mo monthly cash flow. Total monthly income runs $1,908/mo, and a $1,223/mo payment keeps the spread at $498/mo. Purchase price stands at $249,900, and rental yield measures 9.16% with $1,908/mo rent. Return on cash invested shows 27.12% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 140.79% and total cumulative return in cash records $116,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,908/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36869, Phenix City, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,978 (100%) |
| Owner Occupied HU | 4,896 (49.1%) |
| Renter Occupied HU | 3,977 (39.9%) |
| Vacant Housing Units | 1,105 (11.1%) |
| Median Home Value | $141,605 |
| Average Home Value | $170,815 |
Residential
9,240
Single Family
8,314
Multi-Family
926
Businesses
256
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Blanca Bishop • Durham Sears Real Estate
Mls Name: East Alabama BOR
Mls ID: #E102660
